Tuesday, August 20, 2013

Welcome to the one hundred thirty-eighth edition of The Wealth Builder Carnival. The purpose of this carnival is to collect articles from the blogosphere on building, preserving and keeping enough wealth for a comfortable retirement. For reference, I have tried to keep the carnival content tightly focused on wealth building and did not include submissions that were off topic. For reading convenience, the posts are listed with a brief summary or comment by the submitter and organized into seven categories: Earning, Insuring and Protecting, Investing, Living Frugally, Retiring, Saving and Taxes.

For reference, multiple submissions from the same blog are included for this edition since this Carnival was not published the last two weeks. Normally, only one submission is allowed per blog.

Insuring and Protecting

Gary presents Whole Life Insurance Quotes posted at Life Insurance Quotes - Instant Online Term, Whole, Universal Rates, saying, "What is whole life insurance? What is the cash value? Is it right for you? Is whole life a good investment? If so, how do you pick the death benefit amount, the life insurance company, and your coverage options? These are all questions you should be asking yourself before choosing a life insurance policy, whether it is term or permanent coverage, and these are all questions we help you answer."

August Juvonen presents Ultimate guide to successful day trading posted at Forex News Trading, saying, "People will always strive to find new and fast ways to make money. In most instances they will just create another get quick rich scheme; in some cases they might discover some legitimate and real ways to increase one’s financial well being. Day trading could be placed in both categories, depending on who tries to promote it and then use it to make capital. In most cases day traders lose all of their money, but there definitely are some pros who consistently take cash from the market using reliable trading systems, good trading plan, very strict discipline and sound risk management."

Matt Becker presents With Investing, the Grass is Rarely Greener on the Other Side posted at Mom and Dad Money, saying, "Investing is such an important topic because it’s one of the best ways to ensure your family’s financial security and because there are so many misconceptions about how it should be done. There’s decades of evidence showing that the best investment strategies are actually incredibly simple, but still there are always people searching for something better. That search for the mythical magic bullet, the one that gets you great returns with minimal risk, is not only a waste of time but can be incredibly harmful to your ability to build wealth."

John Schmoll presents Can’t Keep Up? 5 Ways to Streamline Your Savings posted at Frugal Rules, saying, "There are various kinds of savers and it can be difficult to get started if saving money does not come naturally to you. By following some simple steps you can start saving in no time and start to build up a nest egg."

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About Me

My wealth goal is to create a guaranteed yearly income stream equal to my highest salary for my retirement years. While I have developed a strategy to do this,
I am interested how others are thinking of achieving financial security for retirement.
This blog is a summary of facts, ideas, discussions, and action plans to achieve that goal.

Disclaimer

This is a personal blog about my thoughts, experiences and ideas on building wealth. The contents of this blog are for informational purposes only. No content should be construed as financial advice. Commenters, advertisers and linked sites are entirely responsible for their own content and do not represent the views of My Wealth Builder. All financial decisions involve risks and results are not guaranteed. Always do your own research, due diligence and consult your own professional advisor before making any decision. My Wealth Builder assumes no liability with regard to financial results based on use of information from this blog.

If this blog contains any errors, misrepresentations, or omissions, please contact me or leave a comment to have the content corrected.

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Disclaimer:
This is a personal blog about my thoughts, experiences and ideas on building wealth. The contents of this blog are for informational purposes only. No content should be construed as financial advice. Commenters, advertisers and linked sites are entirely responsible for their own content and do not represent the views of My Wealth Builder. All financial decisions involve risks and results are not guaranteed. Always do your own research, due diligence and consult your own professional advisor before making any decision. My Wealth Builder assumes no liability with regard to financial results
based on use of information from this blog.

If this blog contains any errors, misrepresentations, or omissions, please contact me or leave a comment to have the content corrected.